Looking to diversify beyond ZEMIX? The mutual funds below have the lowest correlation with ZEMIX — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from ZEMIX.
Best Diversifiers for ZEMIX
0 mutual funds have low correlation with ZEMIX (below 0.3), 0 of which are negatively correlated. The least correlated is Ashmore Emerging Markets Small Cap Equity Fund (ESCIX) (Emerging Markets Diversified) with a 1Y correlation of 0.53, down from 0.68 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Ashmore Emerging Markets Small Cap Equity Fund | 0.53 | 0.63 | 0.68 | 86 | Emerging Markets Diversified | ZEMIX vs ESCIX | |
| Wasatch Emerging Markets Small Cap Fund | 0.65 | 0.59 | 0.66 | 61 | Emerging Markets Diversified | ZEMIX vs WAEMX | |
| Amana Mutual Funds Trust Developing World Fund | 0.70 | 0.71 | 0.73 | 91 | Emerging Markets Diversified | ZEMIX vs AMDWX | |
| Driehaus Emerging Markets Small Cap Growth Fund | 0.76 | 0.70 | 0.73 | 81 | Emerging Markets Diversified | ZEMIX vs DRESX | |
| PGIM Jennison Emerging Markets Equity Opportunitie... | 0.77 | 0.75 | 0.75 | 58 | Emerging Markets Diversified | ZEMIX vs PDEZX |
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